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Eastern Company SAE (EAST.CA)

EAST.CA on The Egyptian Exchange

15.40EGP
20 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Egypt's Eastern Co FY Profit Falls
Wednesday, 31 Jul 2019 03:54am EDT 

July 31 (Reuters) - Eastern Company SAE ::FY NET PROFIT AFTER TAX EGP 3.77 BILLION VERSUS EGP 4.24 BILLION YEAR AGO.FY REVENUE EGP 13.89 BILLION VERSUS EGP 13.41 BILLION YEAR AGO.FY PROFIT DOWN 11.14% DUE TO DECREASE IN INTEREST INCOME ,CREDIT INTEREST AND LOSSES IN FOREX.  Full Article

Egypt's Eastern Company Nine-Month Profit Falls
Monday, 29 Apr 2019 07:04pm EDT 

April 30 (Reuters) - EASTERN COMPANY ::NINE-MONTH NET PROFIT AFTER TAX EGP 2.90 BILLION VERSUS EGP 3.44 BILLION YEAR AGO.NINE-MONTH REVENUE EGP 10.46 BILLION VERSUS EGP 10.03 BILLION YEAR AGO.  Full Article

Egypt's Eastern Co Expects Around 20 Pct Increase In FY 2018-2019 Revenue
Sunday, 18 Nov 2018 01:04am EST 

Nov 18 (Reuters) - EASTERN COMPANY ::EXPECTS AROUND 20 PERCENT INCREASE IN REVENUE IN FY 2018-2019.  Full Article

Eastern Co Postpones Share Offering
Sunday, 21 Oct 2018 03:22am EDT 

Oct 21 (Reuters) - EASTERN COMPANY ::SHARES OFFERING OF COMPANY HAS BEEN POSTPONED DUE TO FLUCTUATIONS IN INTERNATIONAL AND DOMESTIC MARKETS.  Full Article

Egypt's Eastern Co Says Proposed FY Dividend EGP 1.8 Bln
Wednesday, 5 Sep 2018 09:00am EDT 

Sept 5 (Reuters) - EASTERN COMPANY ::SAYS PROPOSED DIVIDEND VALUE FOR YEAR 2017-2018 EGP 1.8 BILLION.  Full Article

Egypt's Eastern Board Approves FY Dividend
Tuesday, 3 Apr 2018 03:13am EDT 

April 3 (Reuters) - EASTERN CO ::BOARD APPROVES FY CASH DIVIDEND OF EGP 30 PER SHARE BEFORE SPLIT OR EGP 10 PER SHARE AFTER SPLIT‍​.BOARD APPROVES TO DISTRIBUTE 0.5 BONUS SHARE FOR EVERY SHARE.BOARD APPROVES AUTHORISED CAPITAL INCREASE TO EGP 4.5 BILLION FROM EGP 3 BILLION.BOARD APPROVES ISSUED AND PAID-UP CAPITAL INCREASE TO EGP 2.25 BILLION FROM EGP 1.5 BILLION.  Full Article

Egypt's Eastern, Al-Mansour to Jointly Manufacture West Cigarette
Thursday, 22 Mar 2018 03:01am EDT 

March 22 (Reuters) - EASTERN CO ::SIGNS MANUFACTURING CONTRACT WITH AL-MANSOUR INTERNATIONAL DISTRIBUTION CO FOR 5-YEARS STARTING MARCH 21, 2018.SAYS UNDER AGREEMENT AL-MANSOUR INTERNATIONAL TO JOINTLY MANUFACTURE CIGARETTES BRAND WEST AT EASTERN CO'S FACILITIES.UNDER AGREEMENT AL-MANSOUR INTERNATIONAL WILL MARKET, DISTRIBUTE AND SELL PRODUCT IN EGYPT.EXPECTS 281 MILLION WEST CIGARETTES SALE IN 2018 AT PRICE OF EGP 18 PER PACK.BOTH COMPANIES TO SHARE EQUAL PROFIT AFTER DEDUCTING ALL SALES AND MARKETING EXPENSES OF WEST PRODUCT .  Full Article

Egypt's Eastern Co Board Approves 3:1 Stock Split
Monday, 26 Feb 2018 02:58am EST 

Feb 26 (Reuters) - EASTERN CO ::BOARD APPROVES 3:1 STOCK SPLIT, SHARE PAR VALUE TO BE EGP 5 INSTEAD OF EGP 15.  Full Article

Eastern Co Forecasts 2018-19 Net Profit of EGP 3.25 Bln
Thursday, 15 Feb 2018 02:30am EST 

Feb 15 (Reuters) - EASTERN CO ::SEES FY 2018-2019 NET PROFIT AFTER TAX EGP 3.25 BILLION.  Full Article

Egypt's Eastern Co to Launch New Product with British American Tobacco
Sunday, 3 Dec 2017 12:03am EST 

Dec 3 (Reuters) - EASTERN CO ::TO LAUNCH NEW PRODUCT 'PALL MALL' IN PARTNERSHIP WITH BRITISH AMERICAN TOBACCO CO DURING DEC AT CONSUMER SALES PRICE OF EGP 18.  Full Article

Egypt's top cigarette maker raises prices

CAIRO, Aug 15 Egypt's top cigarette maker, Eastern Tobacco Company, said on Thursday it had raised prices of some of its cigarettes by 4.5% to 6%, citing higher labour costs.